The Economic Development Administration (EDA) awarded a $2.679 million Project Grant to the Csra Resource Development Agency, Inc. under the Economic Adjustment Assistance (CFDA 11.307) program. The grant capitalizes a revolving loan fund to provide loans to borrowers in 13 counties in Georgia impacted by the COVID-19 pandemic. It will also cover administrative costs. The revolving loan fund will alleviate sudden economic dislocation and support long-term economic resiliency in the region...
The Department of Commerce Economic Development Administration awarded a $2.4 million Project Grant to BOC Capital Corp. under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes through technical assistance, planning, and infrastructure projects. This award will fund public works and infrastructure assistance to the region of New York, as BOC Capital Corp. delivers services to address economic impacts in the designated place...
The Department of Commerce Economic Development Administration awarded a $750,000 Project Grant to the Hawaii Technology Development Corporation on April 8, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes with technical, planning, and infrastructure assistance. For this award, the Hawaii Technology Development Corporation will use the funding to provide public works and infrastructure assistance to businesses...
The Department of Commerce Economic Development Administration awarded a $6.6 million Project Grant to The Herman J. Russell Center For Innovation And Entrepreneurship, Inc. on April 8, 2021 under the Economic Adjustment Assistance program. The Russell Center will use this funding to provide technical assistance, planning services, and support for public infrastructure projects to regions in Georgia experiencing adverse economic changes. As the place of performance is in Atlanta, it can be...
The Department of Commerce Economic Development Administration awarded $750,000 to the Business Council of Alabama Inc. under the Economic Adjustment Assistance (EAA) program on April 29, 2021. The EAA program provides technical, planning, and infrastructure assistance to regions experiencing adverse economic changes. For this Project Grant, the Business Council of Alabama will use the $750,000 to deliver services that support Alabama's economic recovery and adjustment efforts in response to...
The Department of Commerce Economic Development Administration awarded Partner Community Capital, Inc. $1.8 million under the Economic Adjustment Assistance (EAA) program on March 9, 2021. The EAA program provides technical and planning assistance to regions experiencing adverse economic changes. Under this Project Grant, Partner Community Capital will deliver COVID-19 related technical assistance services to organizations in Charles Town, West Virginia through March 2022. As the EAA program...
The Economic Development Administration awarded a $5.8 million Project Grant to the Georgia Department of Economic Development under the Economic Adjustment Assistance program (CFDA 11.307). The funding will support marketing, infrastructure, workforce development, and other projects to revitalize safe leisure, business, and international travel in Georgia as the state recovers from the economic impacts of the COVID-19 pandemic. As part of the American Rescue Plan's $750 million in federal...
The Department of Commerce Economic Development Administration awarded Trufund Financial Services, Inc. a $937,500 project grant under the Economic Adjustment Assistance (EAA) program on May 27, 2021. The EAA program provides technical, planning, and infrastructure assistance to regions experiencing adverse economic changes. Trufund will use the funding to deliver services that support small businesses in Atlanta, Georgia, the designated place of performance for the award. The grant will aid the...
This $1,500,000 Economic Development Initiative, Community Project Funding/Congressionally Directed Spending award was provided by the U.S. Department of Housing and Urban Development (CFDA 14.251) to Helping Overcome Poverty's Existence Inc. (HOPE), a non-profit community development corporation in Wytheville, Virginia. The award, granted in August 2024, will support a range of economic and community development activities to be performed by HOPE, such as affordable housing development,...
The Department of Commerce's Economic Development Administration (EDA) awarded a $4.13 million Project Grant under the Economic Adjustment Assistance (EAA) program to the Development Authority of Richmond County in Augusta, Georgia on August 30, 2022. The funding will support infrastructure improvements to the Augusta Corporate Park to accommodate two new industries and offset job losses from declines in the coal industry. Specifically, the Development Authority will use the EDA grant to install...